Enbridge (ENB) Operating Income (2012 - 2026)
Enbridge (ENB) reported Operating Income of $2.1 billion for Q2 2026, up 27.3% from $1.65 billion a year earlier but down 10.5% from the prior quarter.
Powered by 
Analysis
Enbridge (ENB) Operating Income (2012 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Enbridge's Operating Income came in at $8.06 billion, up 6.2% year-over-year; for FY2025, it came in at $7.84 billion, up 11.3% from FY2024.
- Operating Income has increased for three consecutive years, with a five-year compound annual growth rate of 5.7% (FY2020 to FY2025).
- By year, Operating Income came in at $7.05 billion in FY2024 (+9.9%), $6.41 billion in FY2023 (+61.0%), $3.98 billion in FY2022 (-36.1%) and $6.23 billion in FY2021 (+4.9%).
- Five-year quarterly Operating Income spans a low of -$397.82 million in Q4 2022 and a high of $2.56 billion in Q1 2025.
- Year over year, Operating Income gained in six of the last eight quarters, with growth averaging 13.7%.
- The high point for year-over-year Operating Income in five years was Q2 2023 (growth of 46.7%); the low point was Q3 2021 (a decline of 29.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $2.35 billion (Q1 2026), $1.95 billion (Q4 2025) and $1.65 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.88 Bn | 99.42 Bn | 4.84 Bn | 2.10 Bn |
| 2 | Enterprise Products Partners | 77.78 Bn | 76.22 Bn | - | 2.25 Bn |
| 3 | Energy Transfer | 68.56 Bn | 62.00 Bn | 7.40 Bn | 3.57 Bn |
| 4 | Kinder Morgan | 67.77 Bn | 68.72 Bn | 3.07 Bn | 1.35 Bn |
| 5 | Tc Energy | 60.65 Bn | 63.72 Bn | 2.81 Bn | 3.87 Bn |
| 6 | Targa Resources | 58.65 Bn | 58.26 Bn | 2.14 Bn | 1.23 Bn |
| 7 | Mplx | 57.82 Bn | 51.38 Bn | 2.91 Bn | 1.38 Bn |
| 8 | Cheniere Energy | 55.20 Bn | 55.33 Bn | 5.29 Bn | 4.29 Bn |
| 9 | Oneok | 54.77 Bn | 53.26 Bn | 2.81 Bn | 1.59 Bn |
| 10 | Venture Global | 31.21 Bn | 25.77 Bn | 2.92 Bn | 2.19 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.10 Bn |
| Mar 31, 2026 | 2.35 Bn |
| Dec 31, 2025 | 1.95 Bn |
| Sep 30, 2025 | 1.65 Bn |
| Jun 30, 2025 | 1.65 Bn |
| Mar 31, 2025 | 2.56 Bn |
| Dec 31, 2024 | 1.75 Bn |
| Sep 30, 2024 | 1.63 Bn |
| Jun 30, 2024 | 1.66 Bn |
| Mar 31, 2024 | 2.01 Bn |
| Dec 31, 2023 | 1.36 Bn |
| Sep 30, 2023 | 1.34 Bn |
| Jun 30, 2023 | 1.75 Bn |
| Mar 31, 2023 | 1.97 Bn |
| Dec 31, 2022 | -397.82 Mn |
| Sep 30, 2022 | 1.36 Bn |
| Jun 30, 2022 | 1.19 Bn |
| Mar 31, 2022 | 1.91 Bn |
| Dec 31, 2021 | 1.63 Bn |
| Sep 30, 2021 | 1.10 Bn |
API Access
Enbridge Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=ENB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "ENB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=ENB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();